AD Ports Group has announced that it has acquired an additional 30% equity stake valued at AED1.1 billion ($300 million) in one of its most strategic assets, Global Feeder Shipping (GFS), the world’s fourth-largest container feeder shipping line by capacity, thus raising its holding to 81%.
AD Ports Group, a leading global enabler of trade, industry and logistics solutions, has announced the launch of its AI-driven business intelligence headquarters IHQ, a group-wide platform employing thousands of digital workers embedding AI across 20 global workstreams.
Qatar-based Gulf Warehousing Company (GWC) has entered into a partnership deal with Meydan Free Zone in a move aimed at simplifying business setup, market entry and regional expansion for companies establishing operations in the UAE and expanding into Saudi Arabia, Qatar, Oman, and Bahrain.
Etihad Rail, the developer and operator of the UAE's national railway network, is set to launch its first passenger service between Abu Dhabi and the northern emirate of Fujairah on June 30, thus marking a new chapter in the country’s infrastructure development.
ALUPCO subsidiary Conmarble has inaugurated its first showroom in Riyadh, marking a significant milestone in the company’s growth journey and reinforcing its commitment to supporting Saudi Arabia’s rapidly evolving architecture, design, and construction sectors.
Dubai-based real estate development firm Sweid & Sweid has announced the launch of a 390,000 sq ft build-to-suit advanced manufacturing facility for Microporous, a 90-year-old global manufacturer of battery separators used in both lead-acid and lithium-ion batteries, in Virginia, US.
Shandong Electric Power Construction Third Engineering Company (SepcoIII) has achieved a major construction milestone on the 600MW Al Ghat Wind Farm EPC Project in Saudi Arabia, with all 80 wind turbine generators connected to the national grid and commencing power generation.
Abu Dhabi has reported a 21% increase in the number of new economic licences issued during the first quarter of 2026, compared to the corresponding period in 2025.
Global maritime charity Sailors' Society has signed a deal with top insurer NorthStandard to roll out its innovative Sea Mate training to the P&I club's members, thus paving the way for a sea change in seafarer care with an increase in the number of Wellbeing Officers on board ships.
Periods of market transition often place greater emphasis on independent advice and disciplined decision-making and independent valuation and technical due diligence are increasingly important in complex restructuring, real estate, refinancing, and recovery situations, said a key industry expert.
